Prominent NY Rheumatologist seeks exit strategy

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$700,000 $676,114

Services: Medical, Dental


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RE: Prominent NY Rheumatologist seeks exit strategy Broker: Carey Davis
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Quick Facts

Asking Price: $700,000
Annual Revenue: $676,114
Net Profit: Not Disclosed
Cash Flow: $316,422
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 4
BBN Listing #: 861235879
Broker Reference #: 6842-54827

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Business Overview:

100% fee-for-service rheumatologist. 35 years service to Nassau, Queens. Affluent area, high income, well-educated. Centrally located; convenient to LIRR. Medical offices on major intersection.
Lab on premises. Collection is excellent-no insurance presently accepted. The practice also sells durable goods. Braces, tens units and supports for knees, ankles and backs.

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Property Features and Assets:

Prominent rheumatology specialist with nearly 3,000 active patients.

Market Competition and Expansion:

The doctor would like to stay on to keep the continuity of care while at the same time allow the new owner to expand the practice with new business, procedural and marketing initiatives. Growth areas include procedures currently not being done: MRI, Ultrasound, genetic engineering injections and arthrocentesis.

Reason for Selling:

Exit plan

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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